Monday, December 15, 2008

Double up

Price was bullish, it looked to me that it will probe 500 and than suddenly came reaction down. I figured that was surprise for long side. I got at bottom of the move. So in the following time with price above my short entry I decided that I will double my position if move down materialize after all. It did and I took nice scalp. +14 full size pips




5 comments:

Anonymous said...

Wow! price only moved against you 10 pips and you had it right. Adding to your position as a profitable strategy instead of trying to save a loser... What will you think of next??? ;)))

FX said...

Hehe

Anonymous said...

On an even funnier note, did you see the footage of that guy throwing his shoes at president bush!?!?! it was hilarious, that guy is a new personal hero to many including me.

FX said...

Yes I did, it was like in cartoon. Can't believe that can happen.

FX said...

Thanks 4x, nice to see you here.